Honeywell’s first earnings release after the Aerospace spinoff requires a little subtraction. The headline numbers — $9.7 billion of sales and $4.52 of adjusted earnings per share — still include Honeywell Aerospace, even though HONA has been trading on its own since June 29. The numbers for the company that now trades under HON are smaller and more… Read More »
Resideo was always an awful name. It’s almost as though Honeywell didn’t expect the company to stay independent when it completed the spinoff in 2018 and just used a throwaway name. Though in reality they probably spent millions on a branding agency which subcontracted to a precocious six year old for an extra piece of cake after dinner.… Read More »
Solstice Advanced Materials is wasting little time as an independent company. Less than a year after Honeywell completed the Solstice spinoff, Solstice agreed to acquire Element Solutions in a cash-and-stock transaction valued at approximately $14.5 billion, including the assumption of net debt. Element shareholders will receive $10 in cash and 0.500 shares of Solstice common stock for each… Read More »
Update — June 29: Honeywell Aerospace has begun regular-way trading on Nasdaq under HONA after the completion of the Honeywell Aerospace spinoff. Honeywell Technologies continues under HON following the planned 1-for-2 reverse split. HONA is joining the S&P 500 and S&P 100, while Honeywell Technologies remains in the Dow Jones Industrial Average and the S&P 500. Honeywell Aerospace… Read More »
If you were optimizing a company to spin out right now it might look a lot like Solstice Advanced Materials. Honeywell(HON) completed its spinoff of Solstice(SOLS) this morning and now shifts its focus to the upcoming spinoff of its aerospace division. Honeywell shareholders as of the record date of October 17, 2025 received one share of Solstice stock… Read More »
It’s a big week for big spinoffs, with two new spinoffs immediately joining the S&P 500. Honeywell(HON) will complete its spinoff of Solstice Advanced Materials(SOLS) first with the Solstice spinoff joining the S&P 500 tomorrow, October 30,2025. Solstice stock will replace CarMax(KMX) in the index on October 31. CarMax will move into the S&P SmallCap 600, replacing USANA… Read More »
Another week, more spinoff news: Solstice Spinoff and Qnity Spinoff On Deck Big week for spinoffs this week as DuPont completes its Qnity spinoff, and Honeywell completes its Solstice spinoff. These are two large companies who are spinoff veterans. These widely held stocks should see lots of volume for both the parents and the spinoffs Grupo Herdez Nutrisa… Read More »
Honeywell (HON) has officially cleared the final hurdle for its spinoff of Solstice Advanced Materials. The company’s board of directors gave its approval last week, confirming that the separation will proceed as planned on October 30, 2025, with shares to begin regular-way trading under the ticker SOLS on the Nasdaq. As we previously covered here, this marks… Read More »
Honeywell Sets Record Date and Distribution Details for Solstice Spinoff In August, we covered Honeywell’s (HON) ambitious three-way breakup plan. The restructuring will occur in two stages: first, the separation of Solstice Advanced Materials, followed next year by the split of Aerospace and Automation. Honeywell’s board has now approved the Solstice spinoff, and the key details are finally… Read More »
It’s been a few years, but here’s a new Spinoff Odds & Ends post, bringing you spinoff news that just doesn’t warrant its own article. Unilever’s Ice Cream Headache: Ben & Jerry’s vs. Magnum We have discussed Unilever’s(UL) The Magnum Ice Cream Company spinoff. They haven’t said so, but one of the reasons may be the untenable position… Read More »
Honeywell Spinoff Multiball- Three Independent Companies 25 years ago, Honeywell (HON) was set to merge with GE(GE). Jack Welch stayed on to get the combination on proper footing. And then regulators stopped the deal. With the deal killed, Honeywell executed well for decades. Now, however it plans to follow GE’s 3 way lead and break into 3 companies,… Read More »
A few links to settle back in after the long Labor Day weekend: Spinoffs are all the rage and conglomerates are dropping like flies. While GE (GE) and others are currently slimming down, the WSJ notes that Honeywell (HON) is the rare outperforming conglomerate that is actually being cheered for its diversified position. Whether that remains the case… Read More »